Treasury Department Orders AIG to Repay Taxpayers for Bonuses

[StarsFan4Life]

Originally posted by: cubby1223
Why do I have this gut feeling that we taxpayers will be screwed out of much more $$ from mismanagement of the "stimulus bill" or the omnibus spending bill because congress is over-focused on recovering a mere ~$170 million from AIG? Oh, I guess we have Joe "The Sheriff" Biden on that case...

Welcome to the Obama administration.....took you long enough to realized it....

 

[LTC8K6]

What a way to run a railroad.

Make them to pay the bonuses in the bill.

Feign outrage and lack of knowledge of the bonuses.

Holler at AIG for doing what you told them to do, and what they are legally required to do.

Demand they pay the bonuses back.

Threaten AIG for what you caused.

Fret over $165M dollar drop in the bucket when trillions are being burned...

You just gave them another 30 billon right after they reported 60 billion in losses and you are outraged over 165 million?

 

[LTC8K6]

http://michellemalkin.com/2009...heater-of-aig-outrage/

 

[LTC8K6]

Let Obama and Dodd and the other politicians return the bonuses they got from AIG first. Obama and Dodd got $100K each, so they should step up first.

 

[freegeeks]

Originally posted by: LegendKiller

Originally posted by: Dari

Originally posted by: LegendKiller
Who gives a flying fuck through a rolling donut about $170MM. What I want answers and accountability for is us sending tens of billions overseas to SocGen, Calyon, Deutsche Bank, among other foreign banks.

This bonus bullshit is just a distraction while billions in taxpayer dollars are raided by foreign banks.

They owed them money? Isn't that why they're hemmoraghing (sic?) money, because they lost on bets and have to pay out claims? Besides, what difference does it make whether those they owe are foreign or domestic?

They owed these people with bonuses money also. Same fricking thing. The only difference is retention bonuses and most of those people are contractually obligated to stay a certain period of time.

Why bitch about 170mm when that isn't even the problem?

dangerous precedent you are setting there. I'm pretty sure that a lot of "foreign banks" also owe a lot of money to US institutions including AIG. If AIG doesn't meet it's contractual obligations with "foreign" banks then this thing can spiral out of control with foreign banks returning the favor. Imagine what would happen if financial institutions would start defaulting on each other. Most European banks needed a bailout with European tax money and I'm sure that some of that tax money is used to fund contractual obligations between European banks and US banks.

 

[Specop 007]

So the government throws around money like its nothing, and we're going to be mad at how a very, very small percentage of it is spent??
Our anger is misplaced.......